Total Deposits up 20% YoY; CASA % up 43 bps QoQ to 25.5% Increasing Diversification in Asset Mix; Secured book share 44%

Gross loan book at ₹ 32,122Crore up 5% QoQ;

Secured book at 44% as ofMar’25 vs 39% as ofDec’24;

GNPA / NNPA for the quarter stands at 2.2% / 0.5%; PCR stands at 78%

Deposits at ₹37,630Crore up 20% YoY; CASA up 15% YoY; CASA ratio at 25.5%

Bengaluru, 30April, 2025: UjjivanSmall Finance Bank ltd.[BSE:542904;NSE: UJJIVANSFB],todayannounced its financialperformance forthequarter ended March, 2025 

Summary of Ujjivan Small Finance Bank Business Performance–FY25 / Q4FY25

• Assets
  • Gross loan book at ₹ 32,122* Crore up 8% YoY/5%QoQ
  • Secured book at 43.5% as of Mar’25 vs 30.2% as of Mar’24 / 39.3% as of Dec’24
  • Micro Banking Disbursements up 38% QoQ

• Collection and Asset Quality
  • Bucket-Xcollection efficiencyimproving for Group and Individual Loan book at 99.5% forMar’25
  • Portfolio at Risk*/GNPA*/NNPA*at4.5%/2.2%/0.5%respectively as ofMar’25; for Dec’24 at5.4%/ 2.7%/ 0.6% respectively;
  • Accelerated Provision as of Mar’25 at ₹ 46Crore; Provision coverage ratio as of Mar’25 is 78%^#

• Deposits
  • Deposits at ₹37,630Crore as of Mar’25 up 20% YoY/9%QoQ
  • CASA at ₹ 9,612Crore up 15%YoY; CASA ratio at 5%as ofMar’25 up 43 bps vs Dec’24
  • Retail TD^ + CASAcontinues to grow and as of Mar’25 is₹ 26,676Crore,up 21% YoY

• Financials
  • FY25 PAT of ₹726 Crore; Q4FY25 PAT at ₹83 Crore
  • FY25 Total Income at ₹7,201 Cr, up 11% YoY;
  • FY25 NIM at 8%is down 25 bps from 9.1% for FY24
  • Credit Cost for FY25 at 2.45% of Avg. Gross Loan book, incl. accelerated provision of ₹ 46 Crore
  • FY25 RoA / RoE at 1.6% / 12.4%

• Capital and Liquidity
  • Capital adequacy ratio at 23.1%
  • Average Daily LCRfor Mar’25 was 120%

Mr. Sanjeev Nautiyal, MD & CEO, Ujjivan Small Finance Bank said, “FY25has been aneventful wherein the bank navigated the challenging business environment in the Micro Banking segment maintaining one of the best in industry portfolio quality. Strategic initiative to diversify and build higher share of secured loan book saw significant progress, now contributing 44% of the loan portfolio, up from 30% last year. While, the banking system liquidity continued to see challenges, this was managed at optimal levels with Credit to Deposit ratio improving to around 85% and LCR managed comfortably around 120%.Further, in Feb’25 bank took a major step forward by filing application with RBI to transition to a universal bank.

Disbursements for Q4 have been the highest ever in history of Ujjivan at ₹7,440 Crore, up 39% QoQ and 11% YoY. The gross loan book reached ₹ 32,122 Crore, up 5% QoQ and 8% YoY. The secured book crossed ₹13,988 Crore, up 17% QoQ and 56% YoY. The disbursements for newer product lines contributed 11% to the bank’s disbursements in Q4. The Micro-banking segment saw robust growth in disbursement in Q4, up 38% QoQ. Within Micro Banking, Individual Loan Book grew 5% QoQ, reaching Rs. 5,182 Crore, now constituting 28% of the overall Micro banking Book as of Mar’25.

The Micro Banking Bucket-X Collection Efficiency in all states other than Karnataka showed consistent improvement, reaching 99.6% in Mar’25. The overall Bucket-X collection efficiency reached 99.5% in Mar’25 despite Karnataka registering only 98.7%. The branch and customer specific interventions were pivotal in managing the portfolio making it one of the best in the industry under the current situation.The full implementation of MFIN guardrail 2.0 has been completed with effect from April 1st. Forthe secured portfolio quality, Housing GNPA reduced YoY to 1.1% as of Mar’25 from 1.5%. MSME saw drastic improvement with GNPA reducing to 5.5% as of Mar’25 from 8.4% as of Mar’24.Bank level GNPA stood at 2.2% and NNPA at 0.5%.

Total deposit book closed at ₹37,630 Crore, up 9% QoQ and 20% YoY. In Q4 impressive growth in CASA was witnessed, up 11% QoQ reaching ₹9,612 Crore and now forming 25.5% of total deposits up by 43 bps vs 25.1% in Dec’24. CA Crossed an important milestone of ₹1,000 Crore for the first time, reaching ₹1,118 Crore as on Mar’25, with impressive growth of 35% QoQ and 46% YoY. Retail TD + CASA grew 21% YoY to reach ₹26,676 Crore.